Search Legislation

Finance Act 2013

 Help about what version

What Version

 Help about advanced features

Advanced Features

 Help about opening options

Opening OptionsExpand opening options

Changes over time for: Paragraph 102

 Help about opening options

Alternative versions:

Changes to legislation:

There are currently no known outstanding effects for the Finance Act 2013, Paragraph 102. Help about Changes to Legislation

This section has no associated Explanatory Notes

102U.K.In section 69 of TCGA 1992 (trustees of settlements), after subsection (2D) insert—

(2DA)A trustee who is resident in the United Kingdom for a tax year is to be treated for the purposes of subsections (2A) and (2B) as if he or she were not resident in the United Kingdom for that year if—

(a)the trustee is an individual,

(b)the individual becomes or ceases to be a trustee of the settlement during the tax year,

(c)that year is a split year as respects the individual, and

(d)in that year, the only period when the individual is a trustee of the settlement falls wholly within the overseas part of the year.

(2DB)Subsection (2DA) is subject to subsection (2D) and, accordingly, an individual who is treated under subsection (2DA) as not resident is, in spite of that, to be regarded as resident whenever the individual acts as mentioned in subsection (2D).

Back to top

Options/Help